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WTO Goods Barometer Flashes Red as COVID-19 Disrupts Global Trade

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The volume of world merchandise trade is likely to fall significantly in the first six months of the year, as the COVID-19 pandemic disrupts the global economy, according to a new report. Released Wednesday, the World Trade Organization (WTO) Goods Trade Barometer currently stands at 87.6, far below the baseline value of 100, which suggests…

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